joint-stock company
1
4.9
- noun
- /ˈdʒɔɪnt stɑk ˈkʌmpəni/
- Specialized
:
sociedad anónima
- The Iraqi cabinet also decided to convert the government-owned National Company for Distribution and Advertising to a joint stock company.
- joint-stock company owned
- enterprise into a joint-stock company
- firm founded the joint-stock company
Examples
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The Jewish Company will be set up as a joint-stock company, incorporated in England, under British laws and protection.
Blog text (28) -
At the heart of its economy was the colleganza, a basic form of joint-stock company created to finance a single trade expedition.
Blog text (7) -
A similar situation can exist in joint stock companies with a sufficient degree of separation of ownership and management.
Academic text (1992) -
At least, that was the case when private businesses turned into joint-stock companies in the West.
Academic text (1994) -
Under the second option, the state would create joint-stock companies owned entirely by the Treasury.
Academic text (1991) -
The rest of the equity is held by TALC, a joint stock company owned by 15 Arab states.
Academic text (2000) -
Selected medium-sized enterprises with a promising future are converted into joint-stock companies and offered to the public.
Academic text (1991) -
Legislation, including the Law on Joint-Stock Companies and Protection of Shareholders' Rights, issued in 1996 and last updated in 2014, set a range of standards to protect the interests of shareholders.
Academic text (2016) -
Although it is easy to change the shareholders of a state enterprise and have it become what is known as a joint-stock company, what does not change is that the new corporation is usually as starved for capital as the old one.
Academic text (1993) -
The shareholders of the company met to discuss their investments in the joint-stock company and its future plans.
Synonyms
A company that sells shares people buy to own part of it
How Shared
Surface Forms
Morphology
joint-stock + company
The meaning is directly compositional from 'joint' (shared) + 'stock' (shares/capital) + 'company' (business); a learner who knows these constituents can infer a company whose capital is held jointly as stock. While legal details (transferability, liability) are technical, the core sense is predictable and mirrors comparable constructions in many languages.
Etymology
Joint-stock company may come from a simple image: many people put their money together into one 'stock' or fund, so the business is joint, meaning shared, and built from stock as pieces of ownership. That's why it means a company owned by many people who each have a 'share'.